Dexter Park 1st Add Real Estate

Dexter Park 1st Add Real Estate

Welcome to Dexter Park 1st Add., a hidden gem nestled in the heart of Dunedin, Florida, within the picturesque Pinellas County. This charming subdivision offers a unique blend of suburban tranquility and coastal convenience, making it an ideal place for families, retirees, and anyone looking to embrace the Florida lifestyle.

One of the standout features of Dexter Park is its welcoming community atmosphere. With tree-lined streets and well-maintained homes, residents enjoy a sense of pride in their neighborhood. The area is characterized by a variety of architectural styles, from cozy single-family homes to modern designs, ensuring that there’s something for everyone.

Dunedin itself is renowned for its vibrant downtown area, complete with boutique shops, delightful cafes, and an array of dining options that cater to every palate. Outdoor enthusiasts will appreciate the proximity to beautiful parks, scenic trails, and the stunning waterfront, perfect for leisurely strolls or invigorating bike rides. The nearby Honeymoon Island State Park and Caladesi Island State Park offer pristine beaches and nature trails, making weekends an opportunity for adventure and relaxation.

Families in Dexter Park 1st Add. benefit from access to quality schools and community resources, fostering a nurturing environment for children to thrive. With its close-knit community vibe, convenient location, and endless recreational opportunities, Dexter Park 1st Add. is not just a place to live, but a place to call home. Come discover the charm and warmth of this delightful subdivision in Dunedin, where your dream lifestyle awaits!

Newest Listings in Dexter Park 1st Add

$950,000
Dexter Park 1st Add SubDv. 34698 Zip Code
Leased light industrial investment with contractual 3% annual rent increases, providing stable income and long-term upside in Dunedin's supply-constrained industrial market. Positioned in one of Pinellas County's most supply-constrained industrial submarkets, this 3,600 FT light industrial asset in Dunedin offers investors stable income today with built-in growth and long term optionality. The property features a functional office/warehouse layout and is currently leased to an established tenant at $4,150/month with 3% annual increases, providing predictable income growth over the remaining lease term. The configuration also allows for potential division into two units, creating future flexibility for multi-tenant leasing or partial owner-user occupancy. At the current asking price of $950,000, the property offers an estimated 4.45% cap rate with contractual rent growth that increases forward yield over time, making it an attractive core-plus industrial hold in a coastal Florida market where industrial inventory remains limited. Industrial assets in Dunedin and the greater Pinellas County market continue to experience strong demand and limited new supply, supporting long-term tenant demand and value stability. This opportunity is well suited for: - Investors seeking stable income with contractual rent increases. - Buyers looking for long-term industrial exposure in a high-barrier coastal market. - Owner-users seeking future flexibility while collecting income. With durability tenancy, annual rent growth, and multiple future positioning strategies, this property represents a compelling opportunity to acquire a well-located light industrial asset in a market where similar properties rarely become available.

620 Union Street, Dunedin

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